Nitrogen Sports Review
Nitrogen Sports is a Bitcoin sportsbook that accepts players from every country in the world, including those in both unregulated and regulated markets. The book was founded in February 2012, but the site was re-launched in December 2013 with a new look, establishing itself as a premier option in what is still known as the “Wild West” of BTC gambling.
Little is known about Nitrogen Sports’ ownership group, but then, this is often the case with bitcoin-based bookmakers. The site’s parent company is Ideal Media Inc., which is based out of San Jose, Costa Rica.
Interface and First Impressions
The site doesn’t have the flashiest design in the world, but the interface is clean and easy to use. Given the large list of betting markets available on this site, the simplicity and lack of artifice in the layout actually makes it an excellent fit.
The lobby chat is another neat feature, and allows bettors to interact with others at the site, and to sort out games or root against each other. It’s also a quick way to access support as staff members are active in the chat during the evenings.
The first time a player visits NitrogenSports.eu, they are assigned an account number. This is stored as a cookie, which is then used automatically to log the player back in when they return to the site from their home computer. There is also a unique address assigned to each account, and players can use that to access their account from another computer or device.
However, for added security, players can add a username and password to their account. We would certainly recommend this if you intend to hold a larger balance at Nitrogen, or if you’re simply interested in bolstering the security on your account.
If bettors are looking for options on just about every league in the world, then they’ve come to the right place. This bookmaker easily offers the highest number of leagues that we’ve seen in the bitcoin marketplace.
European soccer leagues, along with larger competitions, such as the Champions League, and international contests, garner the lion’s share of the options. But there’s also plenty of support for popular American sports, such as the NFL and NBA.
However, the above markets only scratch the surface. For instance, there are also many baseball markets, not just for MLB, but also for the Korean Professional Baseball and Japanese leagues. This goes for other sports as well, including basketball (NBA and Euro leagues) and soccer, the latter covering just about every league in the world, including South American and Asian leagues.
The full list of sports on offer includes basketball, baseball, soccer, tennis, football, mixed martial arts, e-sports, Aussie rules, rugby, golf, and table tennis.
Nitrogen is also premiering a betting exchange platform on its sportsbook. This is something that US bettors have been looking forwards to for quite a while, given that other large exchanges, such as Matchbook and Betfair, do not allow US players.
Perhaps the lone drawback with the sportsbook’s markets is the lack of wagering options. Parlays and teasers are handsomely catered for, but you don’t get such widespread support for other types. Having said that, futures are available for just about every league, and propositions are found in large numbers on the most popular markets.
As of July 2014, the exchange doesn’t have much action, but that should pick up in the fall with the start of the football season. The exchange, unlike the sportsbook, has no wagering limits.
Players can post bets (lay odds) or accept wagers (back odds) on the exchange, and Nitrogen will draw a small commission from every bet placed. The current rate amounts to 2% of the money won across all markets. However, Nitrogen may lower its rate once the exchange gets more action.
This is an excellent new feature for Nitrogen, and truly sets it apart from the crowd in the bitcoin sports betting marketplace.
Not only does Nitrogen offer some of the most competitive odds around on the most popular markets, but the company is also prepared to match the prices offered by other sportsbooks. If you can find a better price on a game elsewhere, Nitrogen will match it. It will also create a market specifically for users if you email the specifics of the bet you would like odds on.
Wagering limits for most major sports are 1.0 BTC, but such limits can be considerably smaller depending on the chosen market. The minimum bet size is 0.001 BTC, so low or micro stakes bettors won’t be left out in the cold.
While the maximum bet is 1.0 BTC, bettors can still risk more to win 1.0 BTC. The maximum wagering requirements can be set according to either the risk or the to-win value. Bettors can bet 2.0 BTC or more to win one bitcoin.
Deposits and Withdrawals
Nitrogen operates solely in bitcoins, and does not allow for any deposits in fiat-currencies, such as the USD or Euro.
Once players send coins to their specified address, the BTC will usually be there instantly. Nitrogen accepts the full deposit once the Blockchain completes the first confirmation.
The vast majority of withdrawals are processed instantly, but some larger numbers may take a bit longer because they need to be approved by management.
The support we have received at Nitrogen is top notch. It is one of the few sportsbooks to offer toll-free phone support in addition to email. The staff is extremely helpful and, as we mentioned above, usually frequent the lobby chat, where they are happy to handle questions or offer quick answers for players.
Nitrogen Sports is one of the best options for bettors in the BTC sports gambling market. The site has only been in the industry for a short time, but, crucially for a bitcoin book, it has forged a strong track record in that time. Its offerings are second to none, and the new betting exchange is a game-changing option.
pros & cons
- Bet on sports with bitcoin
- Instant deposits and withdrawals
- Huge range of worldwide sports markets
- Exchange allows both back and lay bets
- No other banking options besides bitcoin